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Smart Gas Meters Market Share

Report ID: GMI1234
Published Date: Dec 2024
Report Format: PDF

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Smart Gas Meters Market Share

Smart Gas Meters Company Market Share Analysis, 2024

Itron holds a substantial market share in the smart gas meters industry due to its strong product portfolio, extensive global presence, and innovative technologies. The company is known for offering advanced metering solutions that enhance operational efficiency, reduce costs, and improve energy management for utility providers, making it a preferred choice for smart gas metering systems worldwide.

Smart Gas Meters Market Companies

Major players operating in the smart gas meters industry are:

Aclara Technologies
Apator
Azbil Kimmon
Chint Group
Honeywell International
Itron
Landis+Gyr
Neptune Technology Group
Osaki Electric
Raychem RPG
Schneider Electric
Sensus
Wasion Group
Zenner International

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The global market for smart gas meters was reached USD 7.3 billion in 2024 and is projected to grow at a 17.3% CAGR from 2025 to 2034, driven by increasing demand for energy-efficient solutions and adoption of advanced metering infrastructure (AMI).

AMI technology is expected to surpass USD 31 billion by 2034, as advanced communication technologies enable seamless data transmission, predictive maintenance, and real-time monitoring.

The residential application segment is forecasted to grow at over 16% CAGR through 2034, fueled by rising consumer demand for energy efficiency and real-time consumption data.

The U.S. smart gas meters market is anticipated to exceed USD 2.8 billion by 2034, led by regulatory mandates, technological advancements, and a focus on energy efficiency.

Key players in the market include Aclara Technologies, Apator, Azbil Kimmon, Chint Group, Honeywell International, Itron, Landis+Gyr, Neptune Technology Group, Osaki Electric, Raychem RPG, Schneider Electric, Sensus, Wasion Group, and Zenner International.